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Pneumatic Conveying Systems Market size was valued at USD 30.82 Billion in 2022 and is poised to grow from USD 32.61 Billion in 2023 to USD 51.19 Billion by 2031, at a CAGR of 5.80% during the forecast period (2024-2031). 

The vendor landscape is largely consolidated, with a significant degree of competitiveness. Mergers and acquisitions are being pursued by market participants in order to increase their market positions. Atlas Copco AB, for example, announced its purchase of Reno A/S. Reno A/S is a company that manufactures and distributes compressed air products. The former hoped to increase its market footprint in Denmark through this acquisition. 'Schenck Process Holding GmbH', 'Flexicon Corporation', 'AZO GmbH + Co. KG', 'Coperion K-Tron', 'Macawber Engineering, Inc.', 'Spiroflow Ltd.', 'Vac-U-Max', 'Dynamic Air Inc.', 'Pneu-Con', 'Nol-Tec Systems, Inc.', 'Clyde Process Solutions PLC', 'Kongskilde Industries A/S', 'Nilfisk Group', 'Zeppelin Systems GmbH', 'Cyclonaire Corporation', 'VAC-U-MAX', 'Kongskilde Industries A/S', 'Flexicon Corporation', 'Schrage Conveying Systems', 'Airlanco'

The food and beverage industry extensively utilizes pneumatic conveying systems for the handling and transportation of powdered ingredients, grains, and other bulk materials. The growing demand for processed and packaged food products is driving the adoption of pneumatic conveying systems in this sector.

Technological Advancements: The pneumatic conveying systems market is witnessing significant advancements in technology, leading to improved system efficiency, reduced energy consumption, and enhanced performance. Innovations such as smart sensors, automated controls, and real-time monitoring systems are being incorporated into pneumatic conveying systems to optimize operations and improve overall productivity.

Europe is going to dominate more than 30.50% of the market in terms of revenue in 2022. Owing to the increasing demand for safe practices in the food transportation and manufacturing sectors, the regional market is predicted to grow significantly throughout the forecast period. The FDA, or Food and Drug Administration, has imposed several limits on indirect contaminants in food. This is predicted to have a positive impact on the need for pneumatic conveying systems in the region throughout the forecast period.

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Global Pneumatic Conveying Systems Market

Product ID: SQMIG20I2119